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over big bucks. the government says they are tax evading lawbreakers. let's bring in a senior fellow at the cato institute. thank you for coming on the show tonight. 225,000. since when is it illegal to rent out your apartment on your own? >> this is an example of overzealous overreaching by the government. in the name of going after some slumlords or other people who are more notorious, they're going after people who are just trying to -- gerri: but they are not going after slumlords, are they? they just want some tax revenue. same as those hotel tax revenues. they say they want to get that. isn't that the real motivation? >> if that is what they wanted they could pass a loss objecting these people to taxes. think it is more nefarious than that. the unions and hotel lobbies want to shut down its competitors. gerri: i just understand why you can't do with your own property but you want to. why the government should be involved in all. they're trying to subpoena information to get your information and my affirmation in everyone's information who uses the service. >> absolutely. it is
? similar tax measures were defeated last year in richmond and almonte. >> it's a national trend that appears to be growing. we spoke with the san francisco supervisor scott wiener who discussed the possibility of a surcharge on sodas. it's his idea. the supervisor said that drinking them is a health risk. >> there is growing specific evidence that south air drinks are a leading cause of a spike in type 2 diabetes and that has to do with the way they absorbed into the bodies. they a direct cause. >> and for most americans, it might seem odd these days for sugar to join the list of big bad things like liquor or tobacco, the sip tax of the past -- syntax of the past. how do you think this is going to go over? >> they're a major, major health problem like tobacco. >> it's similar to that. the judged -- let me ask you this: what is the idea? is it to get money for programs for health and education for kids about not drinking south air drippings or to make it more expensive and prohibit it for people to buy it and they buy less of it. >> we're not prohibiting anything. it's like a tob
district will be decided on bruno until education parcel taxes for 10 years. that is measured are. brisbane residents are considering measured t, an increase on a business license tax for liquid storage facilities. and pacifica it is measured indeed an amended telecommunications tax there requires a majority of votes. imports toll valley residents are voting on reducing the utility tax from 5.5% to 4.5% and that is a measure q. a partial tax proposal and atherton known as measured next. foster city residents are deciding on measured u, a business license tax. >> a bizarre accident snarled traffic on the bay bridge for several hours. the chp said that a man got out of his car while he was on the span and ran into traffic a little after 10:00 a.m.. he was hit by a muni ban on the incline of the westbound direction. traffic was blocked for more than half an hour while the scene was cleared. the man was injured in the collision and was transported to sever cisco general hospital. no word yet on his condition. >> new details about the vallate manner assisted living facility that abandon more tha
they knew what they were doing. even those folks couldn't afford it. it is not the rich paying more taxes. it is people who realize in order to buy insurance, which otherwise the irs is going to come after them, but in order to buy insurance, the premiums are up, the co pays are up, the deductibles are up sometimes up to several thousands of dollars. these folks are saying i can't afford health care and send my kids to college or buy the things i need to buy. has why it is outstanding -- that's why it is outstanding she says go and buy something else. the president has doctors on the team at the white house. but the moms and dads out there, the single moms and dads struggling to get through lost it and they don't know how to get it back. >> let's look atey -- lets 8 look. he said don't blame us. it is not the president's fault. >> the law does not say sears drops coverage. the law does not say you drop coverage. the insurance industry decides how it will make money. when the private companies decide that they will drop people or put them in the exchange you blame president obama. he is no
mi. an hour, and the average about 98 mi. an hour. >> catherine: if you want to tax your girlfriend that you love her, both for its accurate but if you are considering apologizing using text you may want to rethink. those are the findings of a new study in the journal of couple at the relationship therapy. researchers surveyed 276 beyond a doubt in committed relationships and about that affectionate pets enhance those relationships. but taxing heavier stuff like this gushing relationship problems was more negatively associated with the relationship satisfaction and stability. the much you tax matters to. a man who sent and received a bunch of tax or less satisfied with their relationships. the woman who said that more often said the opposite >> reporter: upper 60s for the south bay. hi to top up below in the inland. san francisco los 64 high. 67 oakland and 7 day at around the bay but sunday sunny. but pretty windy. temperatures will warm up monday with a chance of rain are ready by next friday. catherine? set >> catherine: starting today, the special lights l e d on the western spa
taxes on people who benefitted the most in last regime, republicans' to cut spending willy-nilly. neil: no, i don't see a lot of spending ideas offered on the table by any party. i see. saying, record tax revenue we're getting, we want more. we' more of, that i don't hear offers for more spending cuts. >> no, let's be clear, the president of united states got his big tax increase on the rich. last year, 600 billion. that is -- >> it is working. >> he is coming back to the well he wants another $1.1 trillion tax increase in next 10 years, in his budget proposal he increases the debt by $8.2 trillions, that never comes close -- -- >> robert, on both sides, the urgency is taken away when you whoop and scream and rejoice at a deficit that is only 600 billion-dollars, we remember it was 60 billion-dollars, jimmy carter said it was all like a fiscal war. i think that was then, this is now. we tolerate what is still very, very worrisome news. nay pelosi said, cupboard is bear, there is no room to cut, harry reid said americans are onboard hiking taxes more, like we live in a make believe worl
and says it's worth $40 a share. there's the alibaba ownership. that's after tax affecting it i think. and you get to $40 -- $6 a share for the core business. we shall see. but i will tell you this, alibaba growing as quickly as it is will be fascinating to see when it does come public. that will be a first half ipo. again, the filing still expected in the first quarter. you actually get the offering then, unclear, but let's assume it's the first half of the year. another key that yahoo! shareholders need to be up on, can they figure a tax efficient way for what it doesn't sell, may sell as little as 9% and therefore have a good remainder of alibaba, which is shocking, $190 billion. >> it's killing it. >> killing it. ebidta growing. it puts twitter to shame. >> as for the bernstein call, what if the core value does improve? >> here's the issue for me. wrooef se we've seen these over and over again, internet companies and people go crazy. i don't know what to pay for alibaba. i don't. if it's real, and it sounds real -- >> it's real. this company is generating enormous operating profit
, the fall scout, next. >>> next, why one bay area leader wants to put a soda tax on next year's pal lot. >>> and, blown away, literally. the strong storms that swept some pedestrian off their feet. ,,,,,, >>> it was a flat day on wall street. the dow slipped a point. nasdaq drop more than three. s&p rose two points. that was enough for another record close. shares of apple dipped following the release of its earnings report. the company said it made a small profit in the fourth quarter. small because of the cost of the popular iphone. still, the all the beat wall street expectations. overall, apple stock up 25% since the last earnings report in july. >>> a delegation of european diplomats came to washingtoned to demanding answers about nsa's spy. a spanish newspaper reported the nsa monitored 60 million phone calls there in one month. germany and france were also caught up in the nsa sweep. some european leaders say they should consider allowing the u.s. to track terrorist spendening. >> i think they have to make a clear distinction between fighting terrorist but not spying on france. >
the march 31st to sign up for the coverage next year and avoid tax penalties. the announcement was expected because they have been promising quick action to solve the technical problems with people and rolling on the website. >> here is a computer problem. two of his terrtdweets was tax. hacked. this was suppose to send people to a nils article but it went to some terror attacks including 911. the attackers apparently are supporters of the syrian president and they have also hacked other accounts. >> a new mexico legislator is both seen about to do any deal theing yoga and class. they spoke with leaders and the teacher stated that she does not call led that but college stretching or networking. they stated that parents should be notified and given the option if they do not want their children to participate. on the kron4 facebook page of yours rodin, including best s dennis stated. >> this is a way of life but a religion, no. >> tell us what you think. join the conversation or you can't go on kron4.com for more on this story. >> the time is 6:23 a.m.. if you know someone, you might be
matter anyway that you can put away free tax money, save it to you are going to need it later. the way things are going you want to do as much as you can now no matter what age. gerri: i agree with that entirely. what additional vehicles should people be looking for. max out your four -- 401(k). >> if you have children, grandchildren, the 529 plan. that has not been tampered with by our politicians. that too has been enlarged from its original levels just like 401(k). so there are vehicles like that. 529 is a good one if you want to help accomplish the savings. gerri: absolutely a great idea for people out there who are looking for additional ways to save. so many folks out there are over invested in bonds because they got burned last time around in the stock market. what are you telling your clients right now? >> well, the stock market has been in an uptrend, and it is still intact. as long as we have low inflation which we do, very low interest rates, that is where they are, and we will have them for a while longer assets have an upward bias, real estate, stocks, all kinds of assets
. to have to kafr for people on medicaid, they have to raise taxes, raise income tax or cut spending for roads, schools and things like that. there are a lot of people who still need insurance so let's expand it to help people get on. but real costs come with it. it's taxpayers. 26 states signed up for this. federal money is paying for them. you're still paying. >> if you think you're, you're not. you're a federal taxpayers. if they have a swelling of the medicaid rolls and don't pay from the exchanges guess who pays. here's a hint. ready? we have been digging into the rule causing millions of americans to lose health insurance. democratic senator mary landrieu is leading an effort to make sure the president's promise will be kept that people can keep their health care insurance if they like it. wait until we show you what she said about this specific issue just a couple of years ago. plus, he was a successful businessman with hundreds of employees but now not a one. he'll join us live with his warning for working americans in the wake of obama care. >>> breaking details tonight on a
republican after republican talking about cutting taxes, talking about growing the economy, but not reaching to of the folks of middle-class, marking -- working men and women. it is like the republican party has written another class exists >> i certainly agree in terms of making that contact with working families. the biggest jealous families face a virginia is economic opporunity, jobs. there are enormous loss of virginia verbal of leisurely judge of the members because there have been unemployed so long three they're focused on that. a big difference. i can explain my plan to grow jobs and cut taxes. he is proposing more government spending. $1,700 more per family. other than zero in this month on obamacare. there is a stark difference also. once again come his approach is bigger government and-smaller government. was the first of five obamacare. lou: you were the first one to sue on obamacare. >> right. lou: at the same time, is that an issue for virginia voters? we look at these numbers. we're talking about, you know, roughly 10 percent of the folks that are going to the polls, federal
lerner violated federal law by sharing confidential tax information from tea party groups with the federal election commission, judicial watch said they obtained e-mails from lerner that shows she disclosed information from several conservative groups including the american future fund, and the american issues project. lerner retired from the irs last month. but congressional investigations are ongoing. >> on wall street today stocks moved low edow down 73, nazdaq down 7, and nazdaq down 11. >> stocks posted strong gains for october, dow up 3% in october, s&p you of 4 1/2%, and nazdaq a gain of nearly 4%. on economic front, jobless claims fell by 10,000 last week. we're coming right back with much more. stay with us. >> out of touch perhaps but real out of the loop too? the president's accolade shield him from scandal from benghazi to the obamacare, the obama defense remains the same, he just doesn't know. congressman brad win drop with us next. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the s
states where he previously practiced medicine but mary it intends to reapply for lessons in taxes. murray has been sentenced to serve four years behind bars but a change in california law allowed his in carson it- incarceration time to be significantly cut down. sacramento police said one man is dead and six others wounded after a drive-by shooting at a halloween party. witnesses told police that just after 130 am sunday 8 to door bmw drove by and someone inside opened fire on people as they were leaving the event. the victim was a 28 year-old father of three. the six others were wounded were transported to hospital and are expected to survive. the party was promoted on line. police said the party was illegal because promoters were charging people to attend what was supposed to be a private event. >>darya: a new report underscores what health professionals know but parents and not. the flow can be find out--fatal to children even help the kids who don't have other medical conditions. researchers with the centers for disease control and prevention found that 830 kids to die from so related
will see about $9 million a year in additional tax revenue coming from the casino which is good news. also, they expect to see about 2000 additional jobs in and around the casino. if we come back out your life. you kind of get a sense of how big this place is. not only is it a huge parking lot but they also have a huge parking structure to hold a couple hundred cars. you can see how many people they expectancy at this casino. it all starts tomorrow right here. we are obviously going to be checking it. make sure the chp is warning people. if you're coming out here expect to see some delays. >>mark: are you a gambling person jackie? the >>: i go to vegas every year. >>darya: so this will attract to right. >>: now. i like vegas. i know what to go to robert parks to have my vegas experience. i want to go to vegas. >>darya: are you nervous about the congestion? >>: no but i have a nephew who i was talking to who lives over here. he said it is one to be a traffic nightmare. let me-so you. this is basically an old two-lane road used to be through here. it's basically farmland around here. they're
voters get ready to decide if they will raise their own taxes. ,,,, the great american novel. so you can happily let life get in the way, while planning for tomorrow. so you can finish the great american novel banking for the life you have investing for the life you want chase. so you can female narrator: it's posturepedic versus beautyrest it's posturepedic versus beautyrest with up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years' interest-free financing. mattress price wars are ending soon at sleep train. ♪ your ticket to a better night's sleep ♪ for 13-year-old andy lopez. >>> protestors marching right now for a second straight day in santa rosa demanding justice for 13-year-old andy lopez. an investigators told the "san francisco chronicle" that the deputy who shot and killed lopez last week can't remember if he identified himself as a deputy before that shooting. our own ryan takeo with more on the tense moments leading up to the teenager's death. >> reporter: now investigators are releasing new information about the case and it's raising a big ques
the shooter at a nightclub this weekend. a city supervisor floats his idea for a tax on sugary drinks -- in front of the board. we have new information -- and a response from the beverage industry in hopes of making shoppers feel safer on the streets of oakland's chinatown, a local businessman is bringing in private security. kron 4's dan kerman has more. it oakland police say they are happy to have the extra set of eyes. and oakland's chinatown dan carmen, kron4 knows a. >>james:police are hoping to identify four people who might be connected to a shooting at a campbell nightclub over the weekend. this surveillance video from "the spot" night club shows someone walking behind the man in a cowboy hat. then you see another man and in a couple of seconds -- a man and woman walk through the door. the incident began around 2 am - when an employee asked a group of men to turn down their music in the parking lot. that's when one of the men reportedly shot the nightclub employee. police say the group ran off -- and they have not been arrested. the employee was taken to the hospital and is ex
but they will have some new options for those who want to cover their employment and new tax credit possibilities. for large employers, 96% already cover their employees. the penalty that you're constituents referred to is not a penalty that is imposed in 2014, it is being discussed with businesses about what kind of information is exchanged and it will take place -- >> i thank you. he's going to use the gavel on me if you don't hush. i yield back my time. >> how much time -- the chair would recognize the gentle lady from california, miss eshoo. >> welcome, madam secretary. you're a distinguished woman, you have distinguished yourself and your state, the offices that you've held and now working for the american people and i salute you for it. i want to really congratulate my republican pals for being absolutely 1,000% consistent. you love what's wrong with the web site and you detest what's working in the affordable care act, and i think that that is on full display here. but let's get back to the web site because that's what the hearing is about. it's my understanding that november 31st is the -
. >>> san francisco's city supervisor set to introduce a ballot measure that would tax all sugar beverages sold in the city. if voters approve soda tax, a 24-cent tax would be added to every can of soda sold in san francisco. the money will help fund health and nutrition programs for children and would generate $31 million in revenue. >>> paul, it seems leek it has been forever since we had some real weather to talk a. now we have winds and cooler temperatures. >> reporter: it all comes at once. bm, then comes sunday, front. wind gusts every where. saw about 30 to 40 miles per hour wind gust at a minimum. some of you got to 75. high winds, big problems around the b. let's take you to antioch. a woman thought an earthquake shook her home. turn out a tree pierced through the roof of her sister's home. in tracy, the wind flipped over six trucks. make matters worse, a lot of dust out there, too. >> it does. that is the wish shoe people are talking about. the dust is like they are driving in the fog. it becomes like black wall in front of you. >> also, in emeryville the wednesday took down some
primaries favor an errant pass the legal status. paying fines, back taxes, learning english. there must be a lot of policy options between that which is favored by the conservatives and your amnesty. and the base is broader yet, not just about legal status but the things that i care deeply about, pro-growth policies, having an economy that performs a 20th-century standards in the 21st century which is why you saw some of those people there. we have temporary worker problems, core visa system that is not about growth, and we should fix that. lou: i agree that we should fix immigration, have highly selective expanded work visas into this country bringing in of the brightest, most educated and skilled people that we possibly could. give me an argument on we have 23 million people unemployed, underemployed in this country and they have been chronically slow and too many cases, an argument for 12 million illegal immigrants to do not meet the test of either higher skills or education. >> so two points. the first is the market will determine the test of what skills are valued. a lot of college
tax and more. the book doesn't come out until next week but jonathan martin has all the inside details and joins us now. it's fascinating on your reporting in this. how serious were they looking into having hillary clinton be the vice president? >> it was serious, not that it was intentionally polled and focused grouped. campaigns don't spend the money on focusing and polling groups unless they are seriously exploring something. it was only known but about a half dozen of the top obama senior advisors, people like david axlerod and most notably the chief of staff william daley, then chief of staff who became close to joe biden. they are similar age, similar background. >> similar background. you talked to him? >> i talked to him on the phone and he confirmed saying he thought it was his due diligence as chief of staff to at least explore the possibility what hillary clinton would mean for obama in 2012. they concluded she wouldn't add a substantial effect, she would help but not enough to dump biden. >> she might have given a little bump but not a big enough to justify the whole -- >>
was a perfect fit for the tea party. >> he interrupted the tax money flow. tide goes in, tide goes out. in the temple, when he saw the tax collectors dragging the money out of the poor people and overturn their table. and once he did that, his fate was sealed. >> i don't know what that means. >> and today's top trender, cheap talk. i can't use the "s" word. >> oh -- >> they have crappy insurance. we're going to be getting rid of junk insurance plans that haven't delivered anything for the american people. conservatives won't trash junk insurance. >> you can keep the plan that you have and like, but there's a but in our health care right now? there's a but in the system? >> that's a big but. >> the community is welcoming the destruction of what are called, you know, the skinny plans. >> you find something goes wrong so you pick an enemy and you demonize somebody else. in this case, it's the insurance companies. >> this just kills the market. >> we chose those policies and yet the president says you didn't choose well. >> what else would you expect from the republican party but a bunch o
. >> catherine: coming up on kron 4 news at 6. it's not yet tax season. but scammers are already targetting their victims. their tactics. and what to watch out for. >> catherine: then. >> catherine: tougher times for needy families. food stamps benefits are being cut. coming up. >> catherine: one family shows us how deep those cuts really are. plus. the bart contract is finally up for a vote.. why bay area bart riders could finally have piece of mind by tonight! i love watching tv outside. and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the important part is that you're happy now. and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. xñ with qualifying bundles. is this flu shot necessary? it keeps you healthy during flu season. but do
drinks. city supervisor scott weiner is proposing a new tax. today he'll suggest a two- cents per ounce tax on sugary drinks. a can of soda, for example, would cost 24 cents more. the money would be used to pay for health programs for the city's young people. if approved, the proposal would go on the november ballot next year. the cost of building the new arena for the warriors in san francisco continues to go up. warriors owners say the coast to rehabilitate the pier which the arena will -- the cost. sit on is costing as much as 170-million- dollars. that is a lot higher than they had originally planned. the team is also facing a shrinking time frame to get the project completed for the 2017 to 2018 sesaon. that is when there lease on runs out at oracle arena in oakland. the new arena would include an 18,000-seat arena, two parking garages, a hotel, two condominium towers and retail space spread across the 13-acre pier. the warriors are playing tomorrow and we will speak with sports with gary radnich coming up his stanley roberts and people behaving badly. taking this live look at s f
because of the new tax they have to pay. all of this is a direct result of obamacare and it's hitting the economy when unemployment remains very high, the debt is astronomical and growth remains at a miserable 2% or less. do not expect this president to take responsibility. he will blame the republicans for the shutdown and he'll blame the shutdown for the slowdown, but forget politics, forget it for a second. the point is that obamacare is going to hurt the economy. it's going to hurt when we can least afford to take another hit. i really want to end on a positive so i will engage in wishful thinking. suppose that democrats in the senate come to understand that obamacare is a disaster and they kill it? now, i know, highly unlikely, but i'm speculating here. but can you imagine the growth that killing obamacare would unleash? can you imagine it? i live in hope. [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you open an account. [announcer] ...eve
that port expansion project is going to generate about $3 million in taxes for the city. >>> millions of families face the grim reality of going hungry. how cuts to food stamps couldn't come at a worse time. >> stop, sit and whisper people on a bay area street getting a science lesson never expected. ,, ,,,, female narrator: it's posturepedic versus beautyrest it's posturepedic versus beautyrest with up to $400 off. serta icomfort and tempur-pedic go head-to-head with three years' interest-free financing. mattress price wars are ending soon at sleep train. ♪ your ticket to a better night's sleep ♪ tentative contract that end the strike last week. it calls for a p >>> right now, bart's 2300 union members are voting on the tentative contract that ended the strike last week. it calls for a pay increase of more than 15%. workers will also start paying into their pensions and healthcare contributions will go up. the results won't be announced until after the polls close at 11:00. >>> rather harsh reality for about a quarter million people in the bay area. they are going to see cuts co
earnings in the extended hours tonight. the third quarter of 2013 after tax operating income attributable to aig of 1.4 billion after tax operating income per share, 96 cents a share. stock down. ceo bob ben mosche will be with me. what does dan niles know about facebook the rest of wall street doesn't? >>> plus, haunted towns? big winner of our day, long quest to find the best home in the spookiest town. queen of real estate will be with me. you're watching the "closing bell," on cnbc, first in business worldwide. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade-proud to be ranked "best overall client experience." >>> welcome back. a month for stocks. the dow and s&p 500 both hitting all time highs in the month of october. nasdaq pushing
in lucrative tax credits for the phony studio. capital roan's daughter, for example, according to the -- calderon's daughter for example according to the documents produced was given a job at the studio paid $30,000 according to affidavit but never showed up for work. when a correspondent confronted calderon about the allegations, this is how it went. >> the fbi alleges that you have accepted bribes in exchange for supporting legislation. >> it's, uhm, that's, uhm, like i said, i'm not going to answer anything right now. >> you're an elected officials state senator in one of the largest states in the country. don't you think the public has the right to hear from you? >> sure, they will. >> when will they hear from you? >> they hear from me all the time when i'm in the district. >> you're holding up a badge bragging about this is your "get out of jail free" card your pass and use it like a badge. what did you mean by that? >> i don't know what you're talking about. >> you were standing right there at the greens in pebble beach. >> please. gentlemen, i'm not going to be discussi
with incentives like $750 million of new tax credits the state can invest next year but we talked to several businessmen, like [ non-english language ] he owns a chinese construction company. his main barrier to entry isn't money. it's california's strict policies. >> there is no question the regulatory, permitting process in california, often times are more difficult than they should be. >> reporter: but he says the state is working to find ways to make it easier to do business in california like making permitting faster and more predictable. that's something he will have to explain when he makes his pitch tomorrow. in santa clara, ryan takeo, kpix 5. >> well, tomorrow silicon valley technology innovation and entrepreneurship forum also includes panel discussions and a startup contest. >>> there's a lot of buzz about a new casino opening in the north bay next week. as with any casino, there of course will be winners and losers and for everyone else, there will be a lot more traffic. don ford on the gaming and gridlock. >> reporter: highway 101 running through rohnert park is nearly complete
't as taxed because more people are conserving, which is good. >> we have enough water to use, but we don't have enough to waste. >> reporter: the rainy season begins november first. it lasts until march, which means it is going to be spring before we have any idea whether or not there is hasn't tour water conservation in our future. ann notarangelo, kpix 5 in antioch. >>> now to chief meteorologist paul deanno. been a long time since we have seen an october this dry. >> reporter: back in 1980, right before ronald reagan was elected president. we will do that again this year. here is the radar. had a couple sprinkles around the bay area. we are zero for october in san jose. zero for october in livermore. we are officially zero for october in san francisco. i am not looking at any rainfall over the next couple days. you know where we did see precipitation? in the sierra. some areas got up to 14 to 18 inches of rainfall. some ski resorts even flirting with the idea of opening on a limited basis as soon as this weekend. take look at the snowfall totals. a foot and a half of new snow. north s
never gets punched, but everyone else does. >> the government has a printing press that can extract tax dollars. >> but the government pushed the atmosphere that triggered this. >> absolutely. fannie mae and freddie mac said seles whatever we do have and we don't care what the bundled in her or good or bad. neil: so it's like at birth rate. >> absolutely. it's like acquiring countrywide and nurse turns. it can seek reimbursement from insurance corporation for some of the fine was paid into the treasury. >> that's the thing they're trying trying to iron out. any of these punishments that are a result of the property that you have talked about. deflate the government is saying that we still think that that should be on your back. >> for the lawyers of chase, as you and i are doing the show, we are arguing with the government's lawyers try to suggest here is how a judge and jury would rule. the government's lawyers are saying, are you kidding, a jury would give us 10 times this amount. it doesn't mean that they will have the moniker of a dozen heart is working words of the greatest knowled
is an an tax on an attack on country, which falls in pervue of intelligence agencies and military would be reason to block effort understand better what transpired. lou: it makes no sense. >> we should be ale coconduct a criminal investigation, representatives of people to find out what happened, whether a consulate was burned to ground, ambassador killed and cia driven out, that is serious business, they do not have to have an open hearing, they can do a closed-door hearing to get at the issues with the witnesses that i want to call. and certainly, the government should not be attempting to control those witnesses, and still protect the criminal justice system. by the way, lou, that criminal justice -- investigation on criminal justice side got off on the wrong foot, the next day, we may not have been able to get troops in that night, we could have got troops in the next day, we should have secured consulate, put our flag back up and brought the fbi in to begin an immediate investigation, and stay with security forces as long as necessary, they waited three and a half weeks before the
the subject? >> our debt and deficit taxes, spending jobs, national security are important. but right now, the most important issue the thing on everyone's mind whether you are a large, owner, a small be owner or a individual is a health care debacle, they tried to ram it through, circumvent me, i got elected in an attempt to stop obamacare, in massachusets they had a deal with white house they held me up being sworn in for a couple of weeks to ram it through, i got there, they did not allow one management to try to fix -- amendment to try to fix the bill, so same on them now. they are all complaining now, we didn't know about the grandfatherring, you know people will lose policies, well, they voted on it everyone said we don't care. healthcare, and debacle right now, and fact that people deeply concerned, rightly so it will cost too much, have way too much long wait in line, it just a mess. lou: are you concerned further that the republicans don't seem to be fining a common voice -- finding a common voice, with an opportunity to go to 2014, and i think they have got a gift from this admi
their support. their tax exempt status including the big hospital up in boston that's where, what is it, the patriots, new england patriots get their rehab done. >> that's right. it may lose its tax exempt status. sort of under the microscope under obama care. >> unbefore the boston -- in fact, the last boston marathon victim who had to have a leg amputateds a result of the boston bombing, there he is sadly, it's called the spalding rehabilitation hospital. it's run by a 501 c 3, non-private hospital. under obama care, one of the sicious obama care would provide charity to people coming in off the streets that don't have healthcare coverage. now that law because of obama care scrutinized where they are having to roll back the charitable contributions they give to the community in the case of folks that come in off the street that don't have health insurance. >> former president jimmy carter whose name has become synonymous with oppressing attacked obama care yesterday saying this doesn't work very well. when jimmy carter calls you ineffect actual that's 6 people signing up because the w
next year. and avoid new tax penalties. today's announcement had been expected since white house has been promising quick action to fix the many technical problems with the website. >> getting health care in california has been relatively easy compared to what's happening nationally with "obamacare" still, moving the penalty deadline back to march 31st is a relief for californians who are on the fence about their healthcare coverage. i just got off the phone with the executive director of covered california - peter lee. >> caller: it is good for us that we can be very clear. and we are able to do this right now. however, if you want to wait until 2014. there will not be a penalty. open enrollment. >> from the beginning covered california has had far fewer glitches than the national website, in fact the executive director has been on the phone with the president. >> caller: >> we've had calls with the president.of millions of americans he cares that this is working. >> so far covered california is processing about 125,000 applications. peter lee does say, when covered california did e
and that they want a hearing. and castro valley, terisa estacio kron4 knows vernews. the bill would add a tax for every ounce of soda or another drink has more than 25 cals and is less than 50% juice. that is the price of an average can of soda for even flavored water would go off by 24¢. the soda industry is responding. the group californian for food and beverage choice is joined a statement saying californians have rejected beverage taxes like this one before calling proposals on necessary wasteful destruction from serious policy making and they went on to say education and physical activity are among the better health strategies. a 38 right now and we will be back with more in just a couple of minutes. [ male announcer ] some things are simply better at home. like the enticing aroma and distinctive taste of nespresso. elegant capsules meet masterfully crafted machines, and one touch creates the perfect coffee, cappuccino, and latte. ♪ tempt all your senses with one extraordinary coffee. [ penélope cruz ] nespresso. what else? [ male announcer ] available at these fine retailers and nes
savings accounts which are tax-free dollars you can use to spend on medical expenses. you think that's a consequence of obamacare and you like it. >> the numbers are going up and people start bargaining with their doctors and markets. stuart: any other effect of obamacare that you like? >> i'm getting stronger lugging this around. stuart: that's it? >> that's it. price consciousness. stuart: that's it? >> that's it. stuart: i'm glad to hear that's it. thank you, john. we asked our viewers to share their obamacare stories with us, we got quite a few responses, this one from stephanie. please listen to this one. before cancellation i was paying $400 a month maybe to the doctor once a year. i don't mind paying for my own coverage, but according to next year's prices $800 a month. and unlikely to have more usage and my costs doubled. what would you like to say to this young lady. >> you're a victim of obamacare, i'm not disagreeing. stuart: are you going to go out and tell her to get a health savings account. >> that's good or whether she wants to go to the doctors as much as she does. s
offers his team more than $60,000 in bribes to draw up less that could have resulted in lucrative tax credits from the phony studio. calder own's studio, for example, according to the report, was given a job at the fake studio for which she was paid $30,000, according to the affidavit but never showed up for work. when josh bernstein confronted calder on about the allegations, this is how it went. >> reporter: the fbi says you have received ten offers thousands of dollars in bribes for supporting legislation. >> that's -- that's -- like i said, i'm not going to answer anything right now. >> reporter: you're an elected senator in one of the largest states in the country. don't you think the public has a right to hear from you? >> sure, they will. >> reporter: and when will they hear from you? >> they hear from me all the time in the strict. >> reporter: you're holding up a badge saying this is your get out of jail free card. what did you mean by that? >> i don't know what you were talking about. >> reporter: you were standing right there at the greens in pebble beach. >> please, g
. >> they are breaking the law but that is not stopping illegal immigrants from cashing in on millions of your tax dollars. and they are not alone. first let's take a look at halloween pictures. that's my family right there. my husband and my two boys trick or treating. here's more of your halloween moments. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it in your heart. [ basketball bouncing ] heart healthy. [ m'm... ] great taste. [ tapping ] sounds good. campbell's healthy request. m'm! m'm! good.® a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. us, in clinical studies, celebrex is proven to improve daily physi
some notes from britain when it comes to combating obesity. the u.k. is considering slapping a 20% tax on soda. researchers said that doing so could reduce the number of obese adults by about 180,000 or 1.3% of the population. about one in four britons is obese. >> coming up on the kron4 morning fatal crash in fremont killed a contract worker. >> we are live on the scene in hayward where a woman shot overnight. >> we have of the world according to gary at 7:45 >> we have of the world according to gary at 7:45 ai love watching tv outside. and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the important part is that you're happy now. and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. >>mark: top stories we are following this friday, n
is trying to solve its obesity problem by applying an 8% tax on high-calorie food. mexican legislators have given the go-ahead to the tax measure, and it now awaits the president's signature. the country is currently ranked number one in a global ranking of obese population. >>> and speaking of obesity, and maybe having a little too much mac and cheese can get you there. guess what? kraft's mac and cheese will actually be getting healthier. the company is making it more nutritious by adding more whole grains to the macaroni. and removing the saturated fats from sodium and artificial food dyes. the revamped recipe will hit store shelves next year. >>> all right. the makers of a popular hot sauce are in hot water with their neighbors. residents say fumes from the chile sauce are making their throats burn and their eyes water, and they want it stopped. straight ahead, our legal guys will weigh in on the spicy legal battle. >>> and in this week's "parts unknown," anthony bourdain travels to tokyo. he says visiting the city changes the way you see in the world, and after dark, it gets a little w
has been booked on the vandalism and he will be arraigned today. >> they will be voting on a sales tax tool allow the city to help fight crime. this tax raids will allow them to beef up the police department. boaters are asked to consider a measure that will add 5¢ per $10 and city council voted to place this on the ballot. >> the birthplace of apple has been giving a historic destination. where steve jobs once state has been considered a historical resources. the historic resources of destination- special line let's go to england and talk football. the 49ers have a good when taking on of the winless in jacksonville jaguars. >> colin through former two touchdowns. the 49ers' improve to 6-2 with a 42-10 win over jacksonville. this is the fifth when a road where the jacksonville jaguars are 0-8. legal sea of the 49ers' will have any problem getting home due to the weather. the >> back here in the bay, almost 60,000 of the coliseum. fans were rocking their halloween costumes as the steelers were in town. the first play from scrimmage, to rel. pryor, faked the entire stealer defense. chec
of the lie. their insurance is getting canceled, they're losing their doctors, premiums are going up, taxes are going up, deductibles are going up, they are losing work, losing wages, losing hours. that can be directly linked to him and it has already begun, that line he told us to acute and direct paint the america people i think you will see the poll numbers fall even further. dagen: frankly in the speech yesterday he seemed to say you lost your insurance, get over it, by better insurance. the political calculus seems to be this applies to 5% of the population or less. it is negligible. we don't care, get over it. other people will not feel like they were lied to. >> i don't think he cares much, you guys. he's not running for reelection again. connell: you've got to care about health care. that's his thing. >> but he does to the big picture. nationalizing won six of the economy from a socialist point of view, that is what it is all about. he was never that interested in the minutia. connell: this interview has been way too easy for monica. i want to ask one question to make a somewhat unc
should set aside pre-tax dollars to pay out-of-pocket medical expenses. the treasury department saying you will be able to roll over $500 a year if necessary. remember that use it or lose it rule, for years if you put money in the flexible spending account and didn't use all of it you lost it. now you will be able to carry over $500 into the next year. there is some 14 million americans who use these flexible spending accounts, also called fsas, so this will affect an awful lot of people. you will be able to roll that over. it should be noted the limits have changed, used to be $5,000 you could set aside pre-tax dollars to pay out-of-pocket expenses. now it's more like $2,500 so do the math on what your family consumes in health care and out-of-pocket expenses are. at least you know, carol, you can roll over $500 of it. i used to run at the end of the year and buy a pair of glasses or stock up on a bunch of stuff that i needed so i could use all the money and now you don't have to do that anymore. >> we'll check and do our homework. thank you, christine romans, very much. >>> still to
, get that corporate tax rate down. >>> what's coming up on "mad" tonight? >> one of the greatest executives you never hear talked about is deb kafaro, she runs a fantastic real estate invest trust, phenomenal performance. the stock is down. the rates have not done well this year because of the spike up in interest rates. they are not that expensive anymore. this has been historically, one of the top three or four in the group. >> we are going to see you in a few minutes. get a cup of coffee and come back. >> i will, thank you >>> in addition to jim cramer's interview with consul energy, we are going to look at how apple is positioned for the results tonight. is facebook at the nasdaq or twitter when it launches? which of those two is the better investment for you? also ahead, we have pending home sales, how strong is housing now and is the fed the real wild card for these markets? hour two of "squawk on the street" monday morning. ♪ nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. ♪ ♪ so, what do you say? thanks..
quarter profit did total 8%, still total -- visa will be in red, the company sets aside money for taxes, they see activity slowing in october. others pointing out they've got regulatory pressure, they have square on their tail. what do you have make of visa? >> i know this is going to sound like a broken record. another company you want to buy on what i felt was somewhat targeted weakness. they had been giving you insight that things won't be that strong. why would i think to buy it? the buyback is for real. the company is a juggernaut, it's incredibly well run. you're getting it at a discount. so many companies ran into the quarter expecting things were going to be so much better than expected. you can't maintain what the analysts want. >> can you say that for the overall market then? >> yes. >> it seems to be a story that is shared. >> yes, can you say that for the overall market. >> 5% plus for october. visa is up 6, 7 in october al e alone. >> they didn't come up with a new thing for hep-c. >> they didn't do chicken wings. >> the stories that are doing well are stories where gross
between 2 and 3 this year versus 3 and 4 last year. and why are we slower economy? because of higher taxes that occurred at beginning of the year. higher withholding and income tax. so the economy's making 50,000 less jobs a month now than it did last year all because of higher taxes. so the bottom line is, other than the phillip from very low mortgage rates that boosted real estate for a while in the spring, we have a no-growth or slow growth economy, inflating asset prices, what more do you want? >> no, that pretty much sums it up. final seconds, charles, your call for friday's number? >> well, based upon our -- it's less than 100,000. anywhere between 50,000 and 90,000 is what's going on. remember, this is a survey of 100,000 employers and 50,000 households the results of. it could be -- statistically any number they give could be 100,000 from reality but people look at each number like it means something. >> it's the white noise effect. charles, we're out of time. thank you for taking the time. we're going to kick it back to squawk on the street gang. >> rick, thank you so much. rick s
device tax on an industry that represents about two-and-a-half percent of our gross domestic product in massachusetts that will cost jobs here in massachusetts. one of the problems is what we did in massachusetts was tailored to our population. it took advantage of health care and a number of different things, one of them, steve, was the fact that we had merged the non-group market with the individual market to try to spread out risks. what does the federal plan do? well, it reduces the number of rating factors we can use to evaluate risk for that pool. it's undermine wack we want to do. in fact, we have pleaded with our governor, governor patrick has asked the federal government, give us a waiver so that we can evaluate and price risk fairly and yet we now are going to be forced to use 4 rating factors as opposed to 106789 that's one of the major points of distinction here, massachusetts plan worked because it was designed for pennsylvania. we had expertise, for instance, in pricing risks. we had growth markets in medical devices. yet, when we look at what's happening at the federal
taxes on families and small businesses significantly, number one. secondly, it's also going to raise the cost of premiums for everybody significantly. that could make insurance more out of reach. >> joining me to try to defend his old boss former obama economic adviser, always with a smile on his face. >> only here to defend the truth, not my boss. >> you care about the truth. >> i'm here to defend the truth. >> if a promise made, if you made a promise to your kids you would keep your word, right? >> first of all -- >> would you -- >> how are you not having me in for halloween. you have a guy named "ghoul"-sby. >> too scary. kathleen sebelius was getting grilled on capitol hill. congressman edwinfield asked b about the four pinocchios. the washington post is calling your former boss a liar. that's outrageous. i want to show you this. >> the washington post gave the administration, the president, yourself four pinocchios on if you like the insurance you have, you can keep it. would you recommend to the president that he stop using that term? wouldn't that be helpful in this debate? >>
federal income taxes between 2006 and 2008. it is a misdemeanor charge. he has agreed to pay $126,000 fine and face up to a year in prison when sentenced in february. >> paris won three super bowls, with the 49ers in the '80s. >> a robbery suspect was arrested in las angeles today after leading police on a chase. take a look. you can see police closing in on him, and when he tries to back away police used a pick maneuver to turn his car around. at >> a rock after a 10 minute standoff, the suspect was arrested. authorities said the chase began around 8:00 a.m. and the suspect nearly hit another driver before to the wrong way of traffic. >> an illinois police officer is facing criminal charges after a jailhouse incident that left a suspected drug driver need a facial reconstructive surgery. frank pollack has the story. >> this attorney make sure that she sought an officer who crossed he was arrested on drunk driving charges and he was upset the video shows the 19 year veteran pattering this woman who hit her head on the mantel bench. >> she face icody is a good cop i >> the raw footage will
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